Neutral
Rivian's stock rises 5% after Barclays maintains 'Equalweight' rating with $14 target.
In the past 24 hours, Rivian's stock experienced a 5% increase following Barclays' decision to maintain an 'Equalweight' rating with a $14 price target. This move reflects Barclays' cautious stance amid concerns over Rivian's profitability and the competitive landscape.
Key points
- Barclays maintains 'Equalweight' rating with $14 target, citing profitability concerns.
Sources
AI-generated from public news sources. Not financial advice.
